Euro crisis: It's still not overCNNMoney"The plan looks like a classic eurozone fudge," banking analysts at Societe Generale wrote in a note to clients. Spain also has many challenges beyond the banks. Unemployment stands at nearly 25%. Spain has a relatively low level of public debt, ...

Euro Crisis: Spanish Fly in the OintmentWall Street Journal (blog)The pro-bailout faction argues the deal shows that Greece needs to remain within the euro zone, the opposition that Greece should demand a renegotiated deal. Since polls were banned ahead of the election, it's hard to know which party has the advantage ...

Europe bailout of Spain could cost $125 billionBusinessWeekEconomy Minister Luis de Guindos announced the deal after an emergency conference call witheurozone financial leaders. He said the aid will go to the banking sector only and would not come with new austerity conditions attached for the economy in ...

Nation wearies of the euro crisisFinancial TimesThese smaller eurozone economies were forced to seek multibillion-euro bailout programmes because they could no longer finance their debts in the sovereign bond markets. Both José Luis Rodríguez Zapatero, the Socialist prime minister from 2004 to 2011, ...Financial Times

Eurozone can foot the bill of Spain bailout, for nowEconomic TimesThe deal sent global stock markets and the euro soaring after Europe, and its paymaster Germany in particular, had come under intense pressure from around the world to take action to prevent problems in Spanish banks blowing up into a fresh eurozone ...

David Cameron 'agrees euro crisis is hitting UK'The IndependentPrime Minister David Cameron backs the Chancellor's assessment that problems in theeurozone are holding back Britain's economic recovery, Downing Street said today. George Osborne has faced criticism from some Conservative MPs over his claim yesterday ...

Oil falls on euro zone worry, Saudi OPEC viewReutersBy Robert Gibbons | NEW YORK (Reuters) - Oil fell for a third day and extended losses post-settlement on Monday, reversing early gains from a relief rally on the rescue package for Spain's banks, as investors worried that other euro zone countries also ...

Eurozone slips into transfer union on Spanish morassDeutsche WelleIn the multi-billion-euro bailout of Spain's debt-ridden banks, a key principle of eurozone economic policy has been sacrificed. As the so-called "no-bailout clause" was rendered obsolete, new risks will emerge. After the Spanish banking rescue over ...Deutsche Welle

John Swinney launches George Osborne attackBBC NewsJohn Swinney accused George Osborne of placing too much emphasis on austerity, and of using the euro crisis as an excuse for the stalling UK economy. He also outlined how he believed independence could boost prosperity. Mr Swinney was addressing an ...BBC News

China urges more "decisive action" on euro crisisReutersBy Lucy Hornby | BEIJING (Reuters) - China said the euro zone finance ministers' decision to lend Spain up to 100 billion euros ($125 billion) to shore up its teetering banks was a welcome short-term fix, but urged the bloc to take more decisive action ...

Swinney hits out at Osborne remarksThe Press AssociationThe Chancellor has placed too much emphasis on austerity, and sought cover in the euro crisis, the Finance Secretary has told Scottish businesses. John Swinney launched a fresh attack on George Osborne's fiscal and economic policy when he addressed a ...

Renewable energy grows despite financial crisisReutersThe investments were a 17 percent increase on the previous year and 94 percent higher than in 2007, the year before the beginning of the financial crisis. By the end of 2011, total renewable power capacity worldwide exceeded 1360 gigawatts (GW), ...

Euro Crisis Solved, for the Umpteenth TimeTheStreet.comNEW YORK (TheStreet) -- This is the first of my weekly columns at TheStreet.com on Euro Crisisso I'll try to keep my cynical inner child on short leash. If you doubt my sincerity, please re-read the title. Facts on the Spanish bank bailout have been ...

Euro zone ministers to consider Spanish bailoutDeccan HeraldJustyna Pawlak and Erik Kirschbaum The euro zone's senior finance minister urged a rapid resolution of Spain's debt crisis recently, before a meeting where he will lead discussions on a bailout of the country's teetering banks.

Deeper euro zone integration to take time: EU's RehnReutersSTRASBOURG, France (Reuters) - A surrender of sovereignty by countries in the euro zone to tighten fiscal integration in the bloc may only be possible in the medium term, the EU's economic and monetary affairs commissioner said on Monday.

Deeper euro zone integration to take time-EU's RehnReutersSurrendering national powers possible in medium term - Rehn * EU's economy chief urges financial union for banks STRASBOURG, France, June 11 (Reuters) - A surrender of sovereignty by countries in the euro zone to tighten fiscal integration in the bloc ...

How eurozone crisis affects youKorea TimesBehind these gyrations is a realization that debt defaults could trigger a 2008-like calamity, bringing down major European banks with contagion here because the world financial system is interlinked. Just last weekend, European authorities ― at US ...

Britain and the euro blame gameFinancial TimesFor a non-member of the single currency, Britain is enjoying a vigorous debate about the eurozone. George Osborne, chancellor, is fighting both the opposition and his own backbenches over how much of the UK's own double-dip recession can be blamed on ...

Problems Caused by Financial Crisis “Will Take Years” to Fix: SF ...By Paul AusickIn remarks at a conference with Asian Banking leaders, San Francisco Federal Reserve Bank President John Williams said that though the global banking system is in better shape than it was three years ago, it remains “vulnerable:” The ...24/7 Wall St. - Market Wire

The Swedish Financial Crisis and the Labor MarketBy Stephen WilliamsonThis may not be news to you, but it was to me. In this speech, Narayana Kocherlakota shows us how the labor market behavior in Sweden, following the early-1990s financial crisis that occurred there, looks much like what has been happening ...Stephen Williamson: New Monetarist...

Euro crisis deepens | The Economic VoiceBy Jeff TaylorDespite the Spanish Prime Minister's best efforts to portray the bail out of his country's banks as a victory, this just shows that the problems are spreading.The Economic Voice

Key Events for the Eurozone Before and After Greek Election ...By ChrisThe upcoming second round of Greece's legislative election is currently the main event in debate over the future of the Eurozone, but there are other influential events to watch before and after the June 17 election. Those events are outlined ...Recorded Future